Hay prices have bottomed out and are heading up.
Just got back from the Reno Alfalfa Conference. Over 700 registered and the interest is very high in planning for 2010 crop year. A lot of red ink was on growers books from this last year and it will have a heavy influence on the expenditures and plantings for next year. The facts that milk prices are on the rise and the recession is releasing its grip is very welcome news.